All about crypto
Traditional gaming has always been fun, but on the flip side, gamers never received any rewards for their time and effort, except personal enjoyment, of course. As most games can be addictive, people have gone broke playing, making in-game purchases with nothing to show for all their investment.
The Terra platform is one of the digital payment evolution that has occurred over a decade. The digital payment method has provided security, stability, and speed for transactions both locally and cross-border.
Terra is a decentralized blockchain with the main aim of offering algorithmic stablecoins pegged to various fiat currencies. Terra uses a blockchain protocol that develops and supports stable payments—to provide a stablecoin ecosystem to park the funds. It uses an elastic money policy that is attached to varieties of fiat currency.
Recently, Avalanche has witnessed a spark in growth in token price and user base. It has jumped by more than 173% in August 2021. The announcement of a $180 million DeFi program and incorporating two blue-chip DeFi protocols; AAVE and Curve have increased Avalanche’s popularity.
The incorporation aims to bring new people to the platform so they’ll benefit from the higher throughput, reduced fees, and quick transaction times offered by the platform.
Avalanche is a new blockchain network that just came into the market, created by Ava Labs. It centered around speed and a low transaction cost. The network is the fastest and safest intelligent contract platform in the industry. It’s affordable and green. It was launched in September 2020. Since then, it has been selling fast and growing. It secured over 200+ individual projects.
Fantom is an advanced blockchain project that renders a program to develop custom-made decentralized applications (DAPPs) and non-fungible tokens (NFT).
FANTOM is a cryptocurrency designed basically to create technologies that would be suitable for smart cities. As a result, Fantom boasts a speed of 300,000 transactions per second. Over time, it seems the goal isn’t working anymore as the high transaction rate the team promised has been reduced to the barest minimum
With a strong team and many big applications designed on the network, Polygon has made a strong name in the digital space. It has developed several scaling solutions, and has 400 projects on it, and is still up more than 5,000% since early 2021.
Apart from the market Cap, Total Value Locked (TVL) is one of the major metrics used by the Defi industry to compare Defi apps. It’s the total amount of assets presently staked in a given protocol.
Since the $69.3 million sales that hit the headlines, NFT has continued to trend and soar. Now, it’s gaining more momentum in the mainstream media, as some popular celebrities and brands are accelerating the rising trend.